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CDL Investments New Zealand (NZSE:CDI) Price-to-Tangible-Book : 0.74 (As of Apr. 28, 2024)


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What is CDL Investments New Zealand Price-to-Tangible-Book?

As of today (2024-04-28), CDL Investments New Zealand's share price is NZ$0.80. CDL Investments New Zealand's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NZ$1.08. Hence, CDL Investments New Zealand's Price to Tangible Book Ratio of today is 0.74.

The historical rank and industry rank for CDL Investments New Zealand's Price-to-Tangible-Book or its related term are showing as below:

NZSE:CDI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 0.93   Max: 1.33
Current: 0.74

During the past 13 years, CDL Investments New Zealand's highest Price to Tangible Book Ratio was 1.33. The lowest was 0.53. And the median was 0.93.

NZSE:CDI's Price-to-Tangible-Book is ranked better than
54.1% of 1721 companies
in the Real Estate industry
Industry Median: 0.81 vs NZSE:CDI: 0.74

A closely related ratio is called PB Ratio. As of today, CDL Investments New Zealand's share price is NZ$0.80. CDL Investments New Zealand's Book Value per Sharefor the quarter that ended in Dec. 2023 was NZ$1.08. Hence, CDL Investments New Zealand's P/B Ratio of today is 0.74.


CDL Investments New Zealand Price-to-Tangible-Book Historical Data

The historical data trend for CDL Investments New Zealand's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CDL Investments New Zealand Price-to-Tangible-Book Chart

CDL Investments New Zealand Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.15 1.10 0.71 0.76

CDL Investments New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 0.80 0.71 0.70 0.76

Competitive Comparison of CDL Investments New Zealand's Price-to-Tangible-Book

For the Real Estate - Development subindustry, CDL Investments New Zealand's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CDL Investments New Zealand's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CDL Investments New Zealand's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CDL Investments New Zealand's Price-to-Tangible-Book falls into.



CDL Investments New Zealand Price-to-Tangible-Book Calculation

CDL Investments New Zealand's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.80/1.079
=0.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


CDL Investments New Zealand Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CDL Investments New Zealand's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


CDL Investments New Zealand (NZSE:CDI) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 23 Customs Street East, P O Box 3248, Shortland Street, Auckland, NZL, 1140
CDL Investments New Zealand Ltd is engaged in land-based investment and development. The principal activity of the company is the development and sale of residential land properties. The operating segments of the Group consist of property operations, comprising the development and sale of residential land sections and rental income from development properties and investment properties. The company's subdivisions include Magellan Heights, Northwood, Washbourn Terraces, and Stonebrook.

CDL Investments New Zealand (NZSE:CDI) Headlines